EMEA > Euro Markets: Weak auction triggers EUA retreat but market remains well-supported, sources say

Euro Markets: Weak auction triggers EUA retreat but market remains well-supported, sources say

Published 17:16 on April 12, 2023  /  Last updated at 17:49 on April 12, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices fell back on Wednesday after the daily allowance auction cleared at a discount to the spot market for the first time in nearly two weeks, but prices steadied later on amid steady buying, while gas and power prices were little changed amid a largely sideways outlook for energy fundamentals.
European carbon prices fell back on Wednesday after the daily allowance auction cleared at a discount to the spot market for the first time in nearly two weeks, but prices steadied later on amid steady buying, while gas and power prices were little changed amid a largely sideways outlook for energy fundamentals.


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